Japan Inflation Data Due On Friday
(RTTNews) - Japan will on Friday release July figures for Tokyo inflation, highlighting a light day for Asia-Pacific economic activity. In June, both overall and core CPI were up 3.1 percent on year.
Japan also will see June numbers for producer prices and May results for its leading and coincident indexes. Producer prices are tipped to rise 3.2 percent on year, easing from 3.e percent in May.
The leading index is expected to rise 1.1 percent on month after slumping 3.4 percent in April. The coincident is seen lower by 0.1 percent after adding 0.2 percent in the previous month.
Singapore will see June data for industrial production; in May, production was down 0.4 percent on month and up 3.9 percent on year.
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South Korea Stock Market May See Profit Taking
The South Korea stock market has finished higher in three straight sessions, accelerating more than 300 points or 4.2 percent along the way. The KOSPI now sits just above the 7,015-point plateau although investors may lock in gains on Wednesday.
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27 minutes ago
Indonesia Rate Decision On Tap For Wednesday
The central bank in Indonesia will wrap up its monetary policy meeting and then announce its decision on interest rates, highlighting a busy day for Asia-Pacific economic activity. The benchmark lending rate (5.75 percent), deposit facility rate (4.75 percent) and the lending facility rate (6.50 percent) are all expected to be unchanged.
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Swiss Market Ends Flat After Choppy Session
The Switzerland stock market ended flat on Tuesday after a choppy ride, as the mood remained cautious with investors closely following geopolitical developments.
Weak oil prices aided sentiment.
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5h 15min ago
Major European Markets Close Mixed As Investors Track Geopolitical News
European stocks turned in a mixed performance on Tuesday as investors largely made cautious moves, tracking geopolitical news, and continuing to weigh recent policy moves of major central banks.
Weak oil prices aided sentiment.
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5h 44min ago
Canadian Stocks Rise Again; TSX Hits Two-week High
The Canadian market is up firmly in positive territory on Tuesday, with the benchmark S&P/TSX Composite Index hitting a two-week high. Shopify surged 8.5% after saying that it was "partnering deeply" with Meta Platforms' Muse artificial intelligence agent.
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7h 3min ago
TSX Eyes Mixed Session On Geopolitical Uncertainty, Commodity Moves
Falling oil and precious metals prices threaten energy and materials stocks ahead of Tuesday's open. The S&P/TSX Composite Index closed Monday at 36,009.40, up 0.57%, supported by financials and tech.
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10h 30min ago
U.S. Stocks Likely To Open On Cautious Note
U.S. stocks look headed for a cautious start on Tuesday, as investors await some crucial geopolitical news for directional clues. Easing concerns about inflation following another sharp drop in oil prices could aid sentiment.
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10h 56min ago
UK Borrowing Overshoots Estimate
The UK government borrowing exceeded the government estimate in August as spending rose more than income, partly due to the impacts of inflation, data from the Office for National Statistics said Tuesday. Public sector net borrowing increased GBP 2.9 billion from the previous year to GBP 18.3 billion in August.
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11h 20min ago
